Master of Commerce (Finance)

Course Code 202AF | CRICOS 009683F

The Master of Commerce (Finance) offers you high-level academic training in finance. Many of our graduates, as well as currently enrolled part-time students, are employed in senior positions in the business and financial community. The course has also attracted a significant number of enrolments from finance academics at other Victorian tertiary institutions.

Real business challenges

The GSBE offers opportunities outside the classroom to gain hands on knowlege and experience in the workplace. For example, the Global Business Practicum (GBP) is a credit-based subject providing an overseas study experience. The subject consists of a two-week work project undertaken an international company, preceded by seminars on culture and business practices in the host country. You will work in teams and present project findings and recommendations to senior company representatives at the end of their placement.

Who should apply?

This course is designed for those with demonstrated finance skills who wish to deepen their knowledge and understanding of the many advanced aspects of finance. This course also provides an appropriate foundation program for students intending to proceed to the PhD program in finance

Minimum entry requirements

To be considered for admission to the Master of Commerce (Finance), you must satisfy the following requirements:

  • A four-year undergraduate degree with a specialisation in finance, or the equivalent, with at least an H2A (75%) average in the specialisation, or
  • Completion of an equivalent preliminary course, normally the Postgraduate Diploma in Finance, at an overall standard of at least second class honours (H2A: 75%)
  • Performance on the GMAT/GRE, unless the applicant has met one of the approved conditions for GMAT/GRE exemption. Find out more about the GMAT/GRE.
  • A statement of intent.

More information and English language requirements.

Course structure

The Master of Commerce (Finance) is 8 subjects in duration, and is normally completed in one year of full-time study or two years part-time. The maximum time permitted for completion is four years.

Commencement

February or July

Study mode

Full-time or part-time

Duration

1 year full-time or 2 years part-time

Time commitment

Most GSBE courses are available on a part-time basis to eligible students.
Please note
: International students must undertake study on a full-time basis if in Australia on a student visa.


Full time study: 4 subjects per semester
Part time study: 2 subjects per semester


Each subject involves doing three contact hours on campus (lectures, seminars, tutorials), and it is recommended that you do an additional 5 - 7 hours of independent study per week per subject.
Evening classes normally commence at 6.15pm and are held at the University of Melbourne’s Parkville campus. The majority of core subjects are offered both during the day and the evening; depending on availability of elective subjects you may be required to attend a day time class at some point in your enrolment. Some subjects are available on an intensive basis and these may involve day or weekend classes.

Fees (indicative)

Year Student type Cost per year Indicative total cost
2012 Local Student (Aust. full fee)

$26,336 full-time
$3,292 (per 12.5 credit point subject)

$26,336 (8 subjects)
2012 Local Student (CSP) $9,080 full-time 
($1,135 per 12.5 credit point subject)
$9,080 (8 subjects)
2012 International Student

$31,424 full-time
$3,928 (per 12.5 credit point subject)

$31,424 (8 subjects)

Find out more